Government securities auction: uniform-price issuance with a non-competitive bidding facility and prescribed electronic bid windows.
Announcement of primary issuance and re-issue of central government securities by uniform price auction, with specific stocks offered by price- and yield-based methods. Up to five percent of each notified amount is reserved for eligible subscribers under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the central bank's core banking auction platform within prescribed windows; non-competitive bids have a narrower filing interval. Successful bidders must pay on the specified settlement date. The securities are eligible for When Issued trading under the central bank's when-issued guidelines.

Reference Rate: central bank published exchange-rate benchmarks for major currencies, with derived cross-currency rates and SDR linkage.
Reserve Bank of India published the Reference Rate for the US dollar and the Euro for September 23, 2013, and provided the previous day's corresponding rates; it also derived Rupee exchange rates for the British Pound and Japanese Yen using the US dollar reference and cross-currency middle rates, and stated that the SDR-Rupee rate will be based on the published reference rate.

Reference rate publication: central bank exchange reference rates determine cross currency quotes and underpin SDR Rupee conversion.
The central bank published official reference rates for the US dollar and the Euro, noting day to day movements between the current and previous reference rates. It states that other currencies' exchange rates are derived from the US dollar reference using middle cross currency quotes and that the SDR Rupee rate is to be based on the published reference rate.

Policy rate adjustment: easing exceptional liquidity measures and moving repo back as the effective policy rate while anchoring inflation.
Calibrated withdrawal began by lowering the Marginal Standing Facility rate and reducing the minimum daily CRR balance to 95%, while signalling a return to normal operations by restoring the repo rate as the effective policy rate, narrowing the MSF-repo spread to 100 basis points and raising the repo rate to anchor inflation. Complementary steps include FCNR(B) and bank borrowing swap facilities, liberalized bank branching, issuance of retail inflation-indexed certificates, a central credit registry for large borrowers, and coordinated work to address corporate distress and bank NPAs.

Deposit and credit trends show marginal deposit growth, slower credit expansion and concentration of funds in top centres.
Quarterly statistics on scheduled commercial banks as of March 31, 2013 show aggregate deposit growth rose to 14.2% y o y driven by urban branches, while gross bank credit growth slowed to 15.1% due to deceleration in rural and metropolitan branches. The top hundred centres concentrate the bulk of deposits and credit; large offices account for the vast majority of deposits and credit. Nationalised banks, the SBI group and private sector banks are the principal holders of deposits and credit, and the overall credit to deposit ratio for SCBs is 78.1%, with foreign banks, new private banks and the SBI group above that average.

Government securities auction using uniform price method permits competitive and reserved non-competitive bids for inflation-indexed stock.
Sale (re-issue) of 1.44% Inflation Indexed Government Stock, 2023 is announced as a price-based auction for a notified amount of Rs. 1,000 crore under the uniform price method; both competitive and non-competitive electronic bids via the Reserve Bank of India Core Banking Solution (E Kuber) are required, with up to 20% reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility.

Reference rate updates for major currencies and derived cross currency exchange rates against the rupee.
The central bank published the daily Reference Rate values for the US dollar and the euro with comparative figures for the previous day; using the US dollar reference and middle cross currency quotes it provided converted exchange rates for the pound sterling and the yen against the rupee, and stated that the SDR Rupee rate will be based on the published reference rate.

Reference exchange rate publication updates US dollar and euro reference rates and provides derived pound and yen rates.
The Reserve Bank of India announced the Reference Rate for the US dollar and the euro for 18 September 2013, compared them with the prior day, and, using the US dollar reference and cross-currency middle rates, provided derived pound sterling and Japanese yen exchange rates; it also stated that the SDR Rupee rate will be based on the published reference rate.

Global economic governance must sharpen focus and mobilise savings for infrastructure while managing policy spillovers effectively.
G20 has evolved into a permanent forum for global economic governance but faces challenges: an advanced-country agenda with potential procyclical bias from stricter financial norms; mission creep that dilutes focus; and slow progress on governance reforms of international financial institutions. Priority should be given to recycling global savings into infrastructure investment via coordinated action among surplus-holding governments, the private sector, and multilateral development banks. Decisions taken by the G20 must be implemented promptly, monetary policy spillovers managed carefully, and development and labour policies tailored to national circumstances with attention to skills portability and labour mobility.

Statistical publication release improves public access to comprehensive economic and financial time-series via official data portal and sales channels.
Reserve Bank released the Handbook of Statistics on the Indian Economy 2012-13 containing 242 statistical tables on national income, output, prices, money, banking, financial markets, public finances, foreign trade, balance of payments and select socio-economic indicators; tables are updated regularly. The Handbook is accessible electronically via the Data Base on Indian Economy (DBIE) and available for purchase from specified departmental and regional offices, with orders by demand draft or cheque payable at Mumbai and contact details provided for comments and suggestions.

Reference exchange rate: central bank updates US dollar and euro benchmarks, setting basis for other currency parities.
The central bank published reference rates for the US dollar and the euro with corresponding prior day figures, and, using the US dollar reference and cross currency mid quotes, provided derived rupee exchange rates for the British pound and Japanese yen; the release states the SDR-rupee rate will be based on the announced reference rate as the formal daily benchmark for market and administrative purposes.

Appointment of Director: chief executive role requiring senior banking or academic leadership, with specified eligibility and selection process.
Appointment of Director of NIBM is announced: the Director will serve as Chief Executive Officer with general supervision and implementation of Governing Board decisions. Candidates must demonstrate leadership and institution building skills; eligibility requires current or prior service equivalent to a General Manager in a nationalized bank or Professor in an academic institution. The Director's pay aligns with directors of premier institutes and the appointment is for a fixed term with an upper age limit. The Search Committee oversees selection and may fill the vacancy by invitation; applications and detailed curricula vitae must be submitted to the Committee by the specified closing date.

Government securities auction: uniform price re-issue with non-competitive allocation and electronic bidding; results and payment scheduled.
Four dated central government stocks are offered for re-issue by uniform price auction on the scheduled auction date, with allotments by single-price method and payment on the subsequent settlement date. Up to 5% of each notified issue is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the central bank's auction platform within prescribed windows. The stocks will be eligible for When Issued trading under the central bank's when-issued guidelines.

Reference Rate update sets exchange benchmarks and determines cross currency GBP and JPY rupee rates, informing SDR conversion.
Publication of Reference Rate figures updates exchange-rate benchmarks for major currencies against the rupee. The central bank announced the Reference Rate for the US dollar and the euro, provided the prior day's rates for comparison, and derived pound sterling and yen rupee cross rates from the US dollar reference and middle cross currency quotes. The SDR rupee rate is to be based on the reference rate.

Marginal Standing Facility funds offered to banks for two-day liquidity support through a limited intraday window.
Reserve Bank of India will provide two-day funds under the Marginal Standing Facility via a limited intraday window open between 5:00 pm and 5:30 pm, with funds repayable on the stated maturity date; this is a time-limited central bank liquidity operation responding to prevailing market conditions.

Licence cancellation of a cooperative bank halts banking operations and triggers liquidation with insured depositor repayment under deposit insurance.
The Reserve Bank cancelled the bank's licence after statutory inspections showed negative net worth, substantially negative CRAR, rising gross and net NPAs, deposit erosion, defaults in statutory reserve requirements and operational violations; the board was superseded, an administrator appointed, show cause proceedings produced unsatisfactory replies, and liquidation was requested so that depositor repayment may proceed under the Deposit Insurance and Credit Guarantee Corporation scheme while the bank is prohibited from carrying on banking business.

Monetary policy framework reform: expert committee to recommend transparent, predictable anchors and transmission improvements across markets.
An Expert Committee has been constituted to examine and recommend revisions to the Monetary Policy Framework, including recommending an appropriate nominal anchor, reviewing organisational structure, operating framework and instruments (notably the multiple indicator approach and liquidity management), and identifying impediments to policy transmission with measures and institutional preconditions to improve transmission across financial market segments and the broader economy.

Reference Rate updated for major currencies; cross-currency middle rates determine GBP and JPY rupee rates and SDR linkage.
The Reserve Bank of India published daily Reference Rate benchmarks for the US dollar and the euro, noted the previous day's rates, and stated that cross-currency middle rates based on the dollar reference produce corresponding rupee rates for sterling and the yen; it further specified that the SDR-rupee rate will be based on the published reference rate.

Special Private Placement Bonds increase India's borrowing capacity above the single borrower limit, enabling additional World Bank lending.
Approval authorises a Special Private Placement Bonds arrangement with the IBRD under which the RBI will invest in SPPBs so the IBRD can lend to India above the Single Borrower Limit; such loans will follow the same terms and conditions applicable to general IBRD lending. A Framework Agreement with the IBRD and a Memorandum of Understanding with the RBI will govern implementation, with the RBI investment intended to reduce concentration risk and the additional borrowing space to support World Bank-assisted projects prioritising low-income and special-category States and inclusive growth.

Reference rate publication sets exchange benchmarks and determines SDR Rupee valuation based on RBI reference, including derived GBP and JPY rates.
The Reserve Bank of India issued daily Reference Rate quotations for the US dollar and the euro, noted corresponding previous day values, and-using the dollar reference and cross currency middle rates-provided derived exchange rates for the pound sterling and the yen; the SDR Rupee rate is stated to be based on the published reference rate.